Arnold Tofu owns and operates a chain of 12 vegetable protein "hamburger" restaurants in northern Louisiana.Sales figures and profits for the stores are provided in the table below.Sales are given in millions of dollars; profits are in hundreds of thousands of dollars.Calculate a regression line for the data.What is your forecast of profit for a store with sales of $24 million? $30 million?

Question

Arnold Tofu owns and operates a chain of 12 vegetable protein "hamburger" restaurants in northern Louisiana.Sales figures and profits for the stores are provided in the table below.Sales are given in millions of dollars; profits are in hundreds of thousands of dollars.Calculate a regression line for the data.What is your forecast of profit for a store with sales of $24 million? $30 million?
Arnold Tofu owns and operates a chain of 12 vegetable protein hamburger restaurants in northern Louisiana.Sales figures and profits for the stores are provided in the table below.Sales are given in millions of dollars; profits are in hundreds of thousands of dollars.Calculate a regression line for the data.What is your forecast of profit for a store with sales of $24 million? $30 million?

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The Answer of Arnold Tofu owns and operates a chain of 12 vegetable protein "hamburger" restaurants in northern Louisiana.Sales figures and profits for the stores are provided in the table below.Sales are given in millions of dollars; profits are in hundreds of thousands of dollars.Calculate a regression line for the data.What is your forecast of profit for a store with sales of $24 million? $30 million?

Arnold Tofu Owns and Operates a Chain of 12 Vegetable